Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Fayette area can be challenging. Home prices in Fayette are now at a median cost of $66,362, lower than the Mississippi average of $145,564.
The average cost of rent is $442/mo in Fayette, primarily driven by the current value of real estate in the Fayette area. While nearly 77.51% of residents own their homes outright in Fayette, 43.91% rent.
Housing affordability isn’t just about home prices, though. The average household income in Fayette is $2,492 per month. Households that rent pay about 17.73% of their income on rent here. Fayette's most expensive areas are in the central regions, while the cheapest areas are in the western parts of the city.
Nearby Cities
- Harriston, MS: equally priced homes
- McNair, MS: equally priced homes
- Stampley, MS: less expensive homes
- Russum, MS: equally priced homes
- Red Lick, MS: higher priced homes
- Stanton, MS: less expensive homes
- Lorman, MS: higher priced homes
- Rodney, MS: higher priced homes
- Perth, MS: higher priced homes
- Pattison, MS: equally priced homes
Cities with Similar Populations
- Cabot, PA: higher priced homes
- Leighton, AL: higher priced homes
- Stillman Valley, IL: higher priced homes
- South Haven, MN: higher priced homes
- South Charleston, OH: higher priced homes
- Stockton, NJ: higher priced homes
- Savanna, IL: higher priced homes
- Wellston, OK: higher priced homes
- West Friendship, MD: higher priced homes
- West Suffield, CT: higher priced homes
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